Petit Forestier to get €150 million finance contract from EIB
With these new vehicles built on European chassis frames, 5% of Petit Forestier Group's fleet will be electric. The project will thus contribute to the gradual electrification of road transport and urban distribution in Europe. "Accelerating the deployment of 4 000 vehicles over the 2026-2029 period and helping us to move forward on our low-carbon trajectory”, said Petit Forestier Group CEO Léonard Forestier.
The European Investment Bank has signed a €150 million finance contract with Petit Forestier Group to support the energy transition of the group’s fleets in Europe. Indeed, Petit Forestier aims to deploy around 4 000 electric vehicles over the 2026-2029 period in the European Union, chiefly in France, Italy and Spain.
Petit Forestier’s electrification path
With these new vehicles built on European chassis frames, 5% of Petit Forestier Group’s fleet will be electric. The project will thus contribute to the gradual electrification of road transport and urban distribution in Europe. “This maiden EIB loan to Petit Forestier Group is in line with our low-carbon transport strategy. Refrigeration transport affects people’s lives in Europe on a daily basis as it is critical for both food and pharmaceuticals. Gradually increasing the number of electric vehicles on our roads will help reduce pollution, without cutting back services,” said EIB Vice-President Ambroise Fayolle.
“For Petit Forestier Group, this loan will enable us to support our customers’ fleet transition by promoting the use of electric vehicles, so accelerating the deployment of 4 000 vehicles over the 2026-2029 period and helping us to move forward on our low-carbon trajectory”, added Petit Forestier Group CEO Léonard Forestier.
